Perth's rental market continues to recover, as vacancy rate drops to lowest level in five years
Perth's rental market is off to a flying start for 2019, with the vacancy rate at the lowest level it's been since 2013 according to industry body the Real Estate Institute of Western Australia (REIWA).
These were Perth's highest growth suburbs last year
Brabham, Madora Bay and Mount Pleasant are among the ten Perth suburbs to have achieved the largest increase in median house price in 2018, according to industry body the Real Estate Institute of Western Australia (REIWA).
Strong rental market to lead the way in Perth next year, says industry body
The Real Estate Institute of Western Australia (REIWA) is confident the Perth rental market will lead the housing market next year, but warns any changes to negative gearing has the potential to impact buyers.
Hayden Groves, President of the REIWA and Tim Caporn of Caporn Young Estate Agents discuss the current market, following the REIWA's announcement that sales above $1 million account for 11 per cent of house sales in the Perth Metro region.
Perth property prices could tick higher this spring: REIWA
With spring expected to draw an influx of buyers, and amid tight supply of properties for sale, Perth property prices could rise in the coming months, says Hayden Groves, president of the REIWA.